Wednesday 13 August 2008

Back to the Future II

Wait a minute! The more I think about it the more we do seem to be back in the 1970s.

Besides the Soviets (sorry Russians) marching round their periphery crushing dissenting Slavs consider the following:

1. The US is fighting an unpopular war in a distant country
2. Dr Who is one of the most popular TV programmes on the BBC
3. Inflation is back (exceeding 4% in July)
4. Unemployment is rising again for the first time in years
5. The economy is stalling

Combine the last three and you get that uniquely 70s phenomenon -- Stagflation

Oh and just like in the late 70s all of this is happening under a deeply unpopular Labour government.

All we need now are some striking miners in donkey-jackets (see picture for the non-UK audience), and a scary woman with blonde hair in the Conservative party...





ahhhhhhhhh where did I park that time machine



3 comments:

Kris, Skint in Europe said...

I tell you what, Maggie would sort this mess out no problems!

Jason said...

She'd be riding a tank wielding her handbag LOL

Anonymous said...

No, this Labour disaster isn't iconic enough yet. That way the Tories can repeat the phrases "you couldn't even bury the dead" and "cap in hand to the IMF" for the next 18 years while their old-Etonian PR shyster frontmen are completing the good work of turning us into a nation of money-launderers and hairdressers.

Anyway, it can't be the 70s until the West Indies get some proper bowlers. And dress them in tartan flares.